What should you check annually to make sure there are no errors?
A) Memberships
B) Income
C) Credit Report
D) Pay Rate
E) Budget
C) Credit Report
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Refer to the Table The following table shows the number of calculators that can be assembled per week by various numbers of workers. If the price per calculator in a perfectly competitive product market is $8, how many workers would the firm employ if the weekly wage rate is $800?
Quantity of Number of Calculators Labor Per Week 0 0 1 200 2 360 3 480 4 560 5 600 a. 1 b. 2 c. 3 d. 4
The adjusted coefficient of determination is adjusted for the:
a. number of independent variables and the sample size. b. number of dependent variables and the sample size. c. coefficient of correlation and the significance level. d. number of regression parameters including the y-intercept.
Marta purchased residential rental property for $600,000 on January 1, 1985. Total ACRS deductions for 1985 through the date of sale amounted to $600,000. If the straight-line method of depreciation had been used, depreciation would have been $600,000. The property is sold for $750,000 on January 1 of the current year. The amount and character of the gain is
A) $750,000 Sec. 1231 gain. B) $150,000 Sec. 1231 gain and $600,000 ordinary income. C) $750,000 ordinary gain due to Sec 1245. D) $750,000 ordinary gain due to Sec. 1250.
A company was formed with $61,000 cash contributed by its owners in exchange for common stock. The company borrowed $31,000 from a bank. The company purchased $11,000 of inventory and paid cash for it. The company also purchased $71,000 of equipment by paying $10,000 in cash and issuing a note for the remainder.What is the amount of the total liabilities to be reported on the balance sheet?
A. $81,000 B. $92,000 C. $0 D. $61,000